Wednesday, December 19, 2007
Friday, December 7, 2007
Wednesday, December 5, 2007
Hooked to books
The Economic Times
2 December, 2007
Books by far have been the constant passion of my life; they have the amazing quality to transit you to a different realm of thinking, imagination and of possibilities. Without books, history would be silent, literature dumb, science crippled, thought and speculation at a standstill.
After a long and hectic work schedule, reading a book proves to be a rejuvenating experience. My all time favourite book is You Can Win by Shiv Khera, a book which I keep going back to. Some other great reads that I always recommend as must read are Alchemist, Five Wishes, Fish, and Oh! The places you will go and others.
My work brings me “Real Joy” in life. Having spent the initial years on digital exchanges, I moved to the GSM arena when it was first introduced in India. I have been part of the VAS industry right since its nascent stage and have worked here for over 13 years now. I look back to these years with great pride and happiness; I need to admit that being an integral part of the telecommunications industry and its growth has been a very exhilarating experience.
To succeed in this industry, there is no substitute to hands-on-experience. It helps you with the kind of orientation that is required to make a difference in the long run. The success mantra that I have great belief in and have followed religiously is “Commit what you can deliver and deliver what you have committed!”
Right people in the right job role is another asset that any successful organisation should look for and I have always tried to develop an environment rich with creativity, truth, integrity, right values, openness and teamwork. It’s important to give individuals the ambiance conducive for them to innovate and scale new heights in there are of expertise. As its attitude and not aptitude which determines the attitude in life.
Another key area is to strike the right balance between professional and personal life. For me, my family is my world. I enjoy the sense of togetherness and calmness that engulfs me every time I spend quality time with my family. Everything that we do together as a family becomes a passion. I ensure that I spend much of quality time with my entire family. Talking and sharing the mundane or the extraordinary with my wife is a must, as she understands me like no one else can. She is my strength and copes with my erratic work hours and travelling with a smile that keeps encourages me to pursue all my passions with an open mind.
Exploring new places, history of that particular nation and their myriad cultures have always fascinated me (I make it a point to read up on the country, its customs, etc. before travel). I feel blessed that my current work profile demands of me to travel frequently (across the world). Travelling all by yourself — proves to be a great stress reliever. You are at peace with yourself and have time to ponder over the significant things.
However travelling takes a completely diverse dimension when you have your loved ones accompanying you. Sharing the excitement of exploring a new place, culture, etc, with your family only adds to your joy.
Music is another passion that adds spice to my life. I’m very open to all kinds of music. I enjoy music while relaxing, meditating, as a stress reducer or for that matter connecting with one’s inner self. The diversity of music today is such that you can actually pick up music that caters to your every mood. It has a way of stirring our innermost feelings and also all our senses.
Finally, life is wonderful; passions are a plenty. Hebbel, the famous German poet and dramatist, had once said, “Nothing great in the world has ever been accomplished without passion”.
So passion for me is my life.
(Saket Agarwal, COO Spice Mobile VAS)
Tuesday, November 27, 2007
IPO-led exits for VCs around the corner
November 27, 2007
When Info Edge (India) Ltd, the New Delhi-based parent of jobs portal Naukri.com, made a splashing debut on the Bombay Stock Exchange in 2006, many venture capitalists (VCs) said the tide had turned for Indian Internet start-ups.
This was the first listing by an Internet start-up on the domestic bourses and a thumping one at that—Info Edge raised Rs170 crore through the listing. The jinx had been broken—start-up Internet businesses could be built in India and taken public, the most preferred exit route for VCs anywhere in the world. Then, everything went quiet, again.
So, it does seem that 2008 and going into 2009, will see a record number of Internet and mobile VAS start-up IPOs (initial public offering).If all goes well, it will be a huge validation of India’s ability to scale start-up businesses, irrespective of the sector.
IPOs, more than trade sales (merger and acquisition deals), are a greater proof of a market’s viability, from a VCs’ point of view. The return potential is higher and liquidity concerns are addressed. India has lagged behind some of its Asian peers, notably China, in terms of IPO-led exits for VCs. It is only recently, after some kind of exit track record was established through trade sales that VCs have returned to this market. The Internet and mobile VAS segments remain the two highest funded by VCs in India. But, as such, investors now begin to apply investing principles to non-technology businesses as well, something that they have not done in their home markets, the handful of imminent listings next year bear a huge responsibility. All the best to them.
Snigdha Sengupta is Mint’s resident expert on private equity and venture capital.
Wednesday, November 21, 2007
Thursday, November 15, 2007
Wednesday, November 7, 2007
Five Wishes
The extraordinary thing about this book is that it’s inspired from an actual experience/incident and so makes it that much more RELEVANT! Five Wishes offers a plethora of perspectives for leading a fulfilling life…soul searching is another aspect that is omnipresent throughout. It's a personal testimony of how the author’s life is altered once the he changes his perception of problems and how it influences his life.
This attitude assists an individual to become committed to their decisions, follow them through and complete things—which further leads to peace and harmony. As the author says; 'What I've come to see is that completing something, no matter how large or how small, puts you into harmony with the universe.' This is an interesting way of looking at personal commitments. Many goals on a personal level and professional level can be achieved if people took this perspective seriously and followed it religiously. The book helps you evaluate where you stand in life both professionally and personally. A great technique for unlocking the power of making ourselves believe and figuring out what is most significant to us and where are we headed. The book describes the author's five wishes simply and how he insures that they are manifested. Even if your wishes/desires differ from his don’t be disheartened because the author presents great spiritual ideas for fulfilling your dreams.
You can never know when something as small as a chanced encounter or an experience can dramatically transforms your life—for the better. So keep you ears and mind open…to ideas, suggestions etc. Create the life of your dreams with the help of this book as the author passes on to all of us the central insight he gained in that magic moment…which could be yours too.
Few examples of what others have to say about the book
"With brilliance and clarity, Gay Hendricks shares this inspirational story from the heart. Five Wishes can help anyone find the power within to change their life."
Friday, October 12, 2007
Oh, the Places you’ll Go!
This inspirational tale encourages us to set goals, to make ones own decisions and also gives tips on how to stay motivated to succeed, inspite of challenges that we may face.
- Changes in life (and how to accept/face them).
- Life and how to embark on the journey of life with confidence, self-respect etc.
- How best to deal with hurdles that may befall us wile taking up new challenges.
Seuss' familiar pajama-clad character reminds us that all journeys face perils, whether from:
- Indecision
- Loneliness
- Or worst of all from too much waiting.
The key to overcome them is to be up to the challenge.
The odyssey is vividly captured by him through the sketches. These evoke both good times—symbolically depicted by grinning purple elephants and floating golden castles and deep blue wells of confusion depict the things that may go bad in life. The message is straightforward and simple life is a 'Great Balancing Act,' but through it all 'There's fun to be done.
All this advice comes quoted in rhyme and with illustrations that are adorable and goofy at the same time—a trademark of all his books.
Points that can be jotted down as Mantra for SUCCESS
- Get-up and GO; move mountains!
- Unrivaled exuberance and charm will take you places.
- You may come along mountains in your path but ‘Mountains can be MOVED’ with perseverance.
- Life is over all paved with colorful checkerboard landscapes and we all need to encounter the muddy blue 'slumps,' and through dark, lonely alleys that pass through fear when low and alone to appreciate it.
Go ahead and explore the CHILD WITHIN…
Pitroda, Ispat, BK Modi among telecom licence applicants
Bangalore, Chennai, Kolkata & Delhi; 10-10-2007
Friday, October 5, 2007
Short Of Cash Or Talk Time?
What’s Hot
Delhi; 05-10-2007
Friday, September 28, 2007
Thursday, September 20, 2007
The Art of Innovation
The book has been written by the Tom Kelley, general manager of the now legendary Silicon Valley based design firm IDEO, the design and development firm that brought many cutting-edge products and services to the world (Apple mouse, Polaroid's I-Zone instant camera, the Palm V etc.). Through this book he reveals the company’s secrets of fostering an environment and culture that has led to its continuously innovating and evolving by strategizing creatively, building brands that last and also developing one hit image/brand after another. IDEO doesn't believe in the myth of the “lone genius working away in isolation waiting for great ideas to strike” it is their belief that everyone can be creative and the goal of his company is to tap the fountainhead of creativity in order to make innovation a way of life.
By fostering an atmosphere where all are encouraged to freely express ideas, break rules and help freeing individuals by letting them design their own work environments. At IDEO's the focus is on teamwork. Helping generate breakthroughs fueled by constant reciprocal among people always ready to share ideas and reap from the benefits of the group efforts. They have created an:
- Quick-turnaround
- Brainstorm-and-build process
- Carefully observing the behavior or "anthropology" of the people who will be using a product or service.
- Brainstorming with high-energy sessions focused on tangible results.
- Quickly prototyping ideas and designs at every step of the way.
- Cross-pollinating to find solutions from other fields.
- Taking risks and failing your way to success.
- Building a "Greenhouse" for innovation (IDEO has won more awards in the last ten years than any other firm of its kind).
http://www.ideo.com/ideo.asp
One of the favourite is the Dilbert Cubicle that they developed for Scott Adams, creator of "Dilbert”. Also know as the “Ultimate Cubicle” at IDEO's headquarters in San Francisco, California it caters to the basic needs of most—eat, sleep, avoid the boss." Check out more details here:
http://www.ideo.com/dilbert/index.htm
Albert Einstein sums up innovation and creativity thus "Imagination is more important than knowledge."
Wednesday, September 12, 2007
Adding value beyond calls
A January 2007 report by Soundbuzz, a mobile music retailer, along with Pricewaterhouse Coopers and IFPI, states that revenues from physical sale of music in India will halve from Rs 1,000 crore in 2005 to Rs 500 crore in 2009/10. Interestingly, digital music online and mobile revenues are set to increase. These statistics, when viewed along with the tremendous mobile boom, show great opportunities in music on the mobile. New initiatives by content and mobile service providers point to the possibility.
In music, Saregama has recently introduced mobitune cards for ringtones, with three ringtones allowed per card. In addition, a pilot project across Bangalore, Chennai and Hyderabad is testing out music downloads at 25 Nokia outlets. Gavin D’abreo, chief marketing officer, Saregama, says, “We have tied up with Nokia for digital kiosks at their stores where consumers can download songs through a connecting USB, at Rs 12 per song.”
The other part of the mobile value added services (VAS) revolution lies in internet access. A significant section of mobile users, youth more than others, has shown keen interest in web-based mobile services. An opportunity that is bound to see a lot of action in the near future. In fact, Airtel is just about to launch its Google search service on Airtel Live, in a tie-up with Google. This is significant because Google is today synonymous with online search, and highly popular, especially with youth.
Other VAS are also getting popular. According to a December 2006 report by IAMAI and IMRB, the Mobile VAS in India stood at Rs 2,850 crore at the end of 2006 and, it is estimated, will grow at 60 per cent to touch Rs 4,560 crore by the end of 2007. While peer-to-peer (P2P) SMS contributed the most at 40 per cent, ring tone downloads also contributed significantly at 35 per cent by end-2006. The telecom operators get close to 60 per cent of the total revenues from VAS (other than P2P SMS for which entire revenue goes to the operator) while the content creator and aggregator get the rest.
Enthused by the response to VAS and viewing it as a big opportunity into the future, Airtel is adding on Google search now, which it views as a significant initiative. This WAP-based service can be accessed on a GPRS enabled phone. Strongly targeted at youth, the Google search service will be positioned as the simplest way to search for anything. It will be supported by a new advertising campaign, to be released shortly.
Saket Agarwal, COO, Cellebrum, a six-year-old mobile content aggregating firm, says, “With the rise in GPRS handsets sales, polyphonic and true tones are raking in more revenues. GPRS services revenue brings close to 10 per cent of the total VAS revenues for a telecom operator.” He talks of projects like providing background music that would run through a conversation “If a guy wants to propose to his girlfriend without saying anything, a romantic song’s tune can play in the background. If an employee wants to give an impression to his boss that he is caught in traffic, a corresponding background theme can be chosen.”
He also talks of future projects that include a social networking initiative for mobile users and one on invited advertisements those which will play before a conversation between two mobile subscribers.
Connection, information, entertainment… the small mobile handset is sure looking at becoming a big device.
- Digital music sales to increase eight times to Rs 3,601 crore in 2009-10, from Rs 450 crore in 2005. A January 2007 report by Soundbuzz, Pricewaterhouse Coopers and IFPI.
- “Music is the second largest VAS service, after SMS. Non-voice revenue as a percentage of mobile revenues are 9.9 per cent ending June 2007.”
- Bharti Airtel, Saregama’s pilot project with Nokia saw 8,000 music downloads against 4,000 handsets sold at 25 Nokia outlets, at kickoff at 3 cities. -Saregama India
Friday, September 7, 2007
Thursday, August 30, 2007
MCorp Global likely to list Cellebrum
Wednesday, August 29, 2007
IPOs, M& A in mobile value-added services
Two mobile value-added services (VAS) start-ups—New Delhi-based Cellebrum.Com Pvt. Ltd and Bangalore-based OnMobile Global Ltd—are slated to go public this fiscal. The proposed initial public offerings (IPOs) signal the maturing of the mobile VAS industry, the highest funded start-up segment in the past two years, with more than $150 million in funding.
OnMobile and Cellebrum, along with peers such as One97 Communications (P) Ltd and Bharti Telesoft Ltd, have also lined up acquisitions during the year, which will lead to what could be dubbed the first phase of consolidation in a barely seven-year-old industry.
The industry’s fast-track evolution is riding on the back of the country’s exploding mobile subscriber base—up from 108 million in July 2006 to 193 million now. Revenues from mobile VAS were Rs2,850 crore in 2006 and are projected to touch Rs4,650 crore this year-end. This includes revenues earned by VAS companies and telecom services operators, who share the revenue.
“At this stage, large players are looking to grow larger. Part of the capital raised through the IPO will fund acquisitions in the data space,” said Arvind Rao, CEO, OnMobile. Until three years ago, the Infosys Technologies Ltd-incubated start-up was chiefly focused on voice-based service offerings, such as interactive voice customer care and ringtones for telecom operators. Since then, it has diversified into data and is keen on next-generation applications, such as advertising and social networking. It has already pushed through one acquisition—ITFinity Solutions Pvt. Ltd last December—after it received $27.8 million in third-round funding from Deutsche Bank, Goldman Sachs and Polygon Investment Partners.
Peer Cellebrum, backed by New Delhi-based MCorpGlobal, got $15 million as first- round funding from Lehman Brothers around the same time. “We are looking at acquisitions both in India and overseas,” said Saket Agarwal, COO, Cellebrum. It set up an incubation cell last year in which it seeded mobile social networking company MobiSoc.
The entry of investors such as Goldman Sachs and Lehman Brothers in a relatively nascent space, such as mobile VAS, is also evidence of the sector maturing. Both are later stage, private equity investors and, significantly, have been marked for their pre-IPO deals in this market. “It is good for the industry to have exits through IPOs, as it sets a benchmark for those to follow,” said Sandeep Singhal, director, Nexus India Capital, which has invested in two mobile VAS start-ups—Mobile2win and Kirusa Inc. Most venture capitalists (VCs) active in the space seem to think that the funding cycle for multi-services players has ended. “We are now seeing companies in the next generation of applications,” said Kanwaljit Singh, managing director, Helion Venture Partners.
By: Namitha Jagadeesh; Source: August 28, 2007
Friday, August 24, 2007
Blogger is 8 today
We are happy to wish you collectively
Wishing you to have many more creative and inspiring years’ ahead
May your pages; be filled with ingenious content
The very best to you and your team for all your future endeavours…
Mobile game providers chase big ad money
“Users have to type out a tagline of a company. Advertisers and service providers have shown great enthusiasm for this product. Many advertisers are keen to tie-up for this mobile game,” explains M-Corp Global president, sales and marketing, Paul Shoker. “Also for this text-based gaming no internet connectivity is required,” he adds.
Mobile advertising is catching up with most VAS players who are introducing new products to woo advertisers to get onboard. Worldwide, the mobile advertising market is worth $10 billion. “Games will be an important part of this. Nearly 20-60 developers are designing games. By 2010, it is expected that 30% of the advertising will be on the mobile and internet,” says Qualcomm India and SAARC manager, mobile content and applications, Rakesh Godhwani.
“It is fascinating to see the convergence of the television, mobiles and laptop screens. Whenever there has been a convergence of two screens, it has brought in huge revenues. Look at programmes like Indian Idol and Kaun Banega Crorepati that have received over 50 million SMSes,” adds Mr Godhwani.
However, while VAS players are looking at launching new products, service providers are wary of introducing advertisers into this fold. “It could be seen as intrusion—just like telemarketing calls and SMSes on service offers,” says Airtel Karnataka chief executive officer V Venkatesh. “Also, the mobile gaming market is really small in the country and we have to see how this market progresses. However, under circumstances that permission is allowed it could be an interesting model,” he adds. It’s not an easy choice but provided the money that advertisers can bring in, most operators will be game to the idea.
Wednesday, August 8, 2007
Explore the power of 7
Additionally you'll need to understand the "paradigm shift" a change in perception and analysis of how the world works in today’s scenario. This would help you change your outlook towards how you perceive time management, productivity, positive thinking and will assist you in developing "proactive muscles" … taking initiative rather than reacting.
1. Be Proactive
Focus is on being proactive—encouraging you to develop the ability to control your own environment rather than letting things control you. By being proactive you have higher success rate and will be able to complete projects/tasks efficiently.
2. Begin with the end in mind
Leadership is the underlying theme; Covey advice is to begin every project with the end result already acknowledged. That path to success in life lies in planning; concentrating on every step will help you avoid distractions and increase your productivity. Increase in quality of life is you gift for following this—as you now define your course and work towards a planned destination.
3. Put first thing first
Put first things first is a habit that works on personal management, in your personal life and at work. By organising and implementing activities in line with the goals that you have established, you spend time doing what fits into your personal mission. Therefore, you are able to observe the proper balance between production and building production capacity. Identify the key roles that you take on in life (both professionally and personally) and make time for each one.
4. Think Win-Win
All strive for—a win-win situation. This habit is the cornerstone of interpersonal leadership. Achievements are often dependent on cooperative efforts with others. In developing an organizational or personal culture, be sure to reward win-win behaviour among employees.
5. Seek first to understand and then to be understood
Communication is the mainstay of successful leadership. This habit positions that one should first seek to understand others and only expect to be understood—imperative principle of building great interpersonal relationships. Effective listening is simply listening empathetically for both feeling and meaning.
6. Synergize
Synergize is the place where the totality is greater than the sum. It is significant to learn how to see good in others contributions. With trustful communication, mutual trust and understanding one can find ways to leverage individual differences and create a whole that is greater than the sum of the parts.
7. Sharpen the saw
The solution to a successful personal and professional life is through continuous improvement throughout. This concept is the core of the seventh habit. To adapt this habit successfully in life, one must first find the balance between actually producing and improving your capabilities to produce.
Stephen is a believer and advocate of positive individuals and that mostly effective people shape their own future. Instead of letting other people or circumstances determine their destiny, they mentally plan and then physically create their own positive results. The habits are intricate; with step-by-step instructions to help you achieve each one. What is essential is to adopt the habits in complete honesty…you will have to buy the book if you are interested in learning more, or you can also visit www.stephencovey.com for any additional information. I refer to it time and again…I’m sure you will too!
Tuesday, July 24, 2007
Bharti Airtel offers musical services to its customers
Financial Express
Kolkata, 07, 07, 2007
Monday, July 23, 2007
Cellebrum Standardizes on Envox CT ADE(TM) to Speed Development of Mobile with Services
Friday, July 13, 2007
Saturday, July 7, 2007
Does VAS Appeal to anyone...?
Teaser - Would an average urbane Delhite use ringtone/music more than a rustic Bihari Babu? or a sleepy village in the desert(ed) Rajasthan be more inclined to know bollywood affairs then a socialite of Mumbai ?
So...
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It is simple. No surprise. You were of course right....!!!! Yes ... Trophy Goes to the land of Lalu and Forts.. Why?
Well, it is interesting to know that part too!
In a social setup, human needs are enhanced or curbed by social norms, culture, environment etc etc.. It kind of "conditions" human to live within the LIMITATIONS ... (remember the impact of conditioning on the Elephant in circus! tied with a innocous chain, it does not even try its might to break free...).
But, people who are dis-satisfied with this social setup and are BOLD enough, move to greener pastures... That is how you find lots of migrant labour (both the illiterate and highly literate) across the country and Globe.... But this BOLD enough is only a fraction of the total dis-satisfied lot, who are waiting for the CHANGE at the same place.. It is not hidden that in last 10 years, their has been change at a rapid pace across sectors and telecom has revolutionised the whole thing (from 1.8% penetration to 21% penetration) at the most affordable rate in the World.
So, what does this mean? It allowed people to communicate and EXPLORE.. It allowed that dis-satisfied lot to enjoy all that was not allowed ... Like no power, no television, but with mobile, music whets that latent need... Social taboo on taking the friend out, mobile chatting fulfils that... No hang-out places for new friends, mobile dating (find-a-friend) allows exactly that... Missing out on even going out to theatre (and filmi gup-shup), all of it gets fulfilled with phone through news, movie-gossips, latest ringtones and wallpapers (all colours)... Suddenly, you start feeling contemporary
That just explains why a Bihar - full of all possible issues from very limited entertainment means, to very limited time (no no after dark at most places), to hanging-out (forget it!), electricity (its a luxury item again) - by and large - all reasons for huge uptake of via-medium of VAS through mobile phone!
What a change (telecom - VAS) simple thing (mobile) brings to life of so many people....
And if usage trends are any indications, it is helping far too many people and thus, VAS has taken a centre stage and suddenly looks like a Compelling Mass appeal portfolio..
Well, as they say, Life is Stranger than Fiction, any-day!
Regards
Saket
Thursday, July 5, 2007
The Alchemist
The novel revolves around the tale of
On his journey he gets to meet many spiritual signs in unassuming forms such as a camel driver and a well-read Englishman. It is from this Englishman's book that
Coelho also suggests that those who do not have the courage to follow their "Personal Myth" are doomed to a life of emptiness and misery. Fear of failure seems to be the greatest obstacle to happiness. He asks all to dream and to avoid living a life in void.
‘The Alchemist’, is a masterpiece that fills you with sanguinity; Coelho through the novel shows you how everything is possible; as long as you really want it with all your heart. So go ahead and find your dreams and make them come true…
Recommended read: Do check out Paulo Coelho blog for more golden nuggets at http://paulocoelhoblog.com/.
Thursday, June 28, 2007
Cellebrum in talks with the electricity departments of various states
Power cut alerts on your mobile
By Bhaskar Hazarika
Monday, June 18, 2007
Apart from the alerts, a consumer can access his utility account and also make payments of his bills.
Currently the customers are able to access their electricity accounts through SMS.